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HOUSE 5655118th CongressReferred to the House Committee on Ways and Means.

Bryson Fitch Fishermen Protection Act

Last Action
9/21/2023

Actions

  • 2023-09-21Referred to the House Committee on Ways and Means.
  • 2023-09-21Introduced in House
  • 2023-09-21Introduced in House

CRS Summary

As of 2023-09-21 (00)

Bryson Fitch Fishermen Protection Act

This bill allows a business-related tax credit for up to 50% of costs incurred for the purchase of personal locator beacons (PLBs) on a commercial vessel that has such beacons for every individual aboard the vessel. It also allows an income tax credit for individual taxpayers who purchase a PLB for use on a commercial vessel that does not have PLBs for every individual on board. The credits expire in taxable years beginning after 2028.

Read on Congress.gov

Sourced from Congress.gov (public domain).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.